Issue
“Liberty Energy (LEC) Gets ERC Approval for 50% Right Shares”
The Electricity Regulatory Commission has given final approval to Liberty Energy Company Limited (LEC) to issue 1 right share for every 2 existing shares held by its shareholders. In its 11th, 12th, and 13th AGM held on 25th Baisakh, the company agreed to provide its shareholders with 50% right shares. The total value of […]
Read More“Synergy Power Development (SPDL) Announces 1:0.5 Right Shares from Shrawan 25”
Synergy Power Development Limited (SPDL) has announced the issuance of its right shares through a public offer letter. The company will be offering existing shareholders the opportunity to apply for additional shares in the ratio of 2:1 (or, 1:0.5). This means for every two shares held, shareholders can apply for one additional share. The application […]
Read More“Sonapur Minerals Granted IPO Permission”
Sonapur Minerals and Oil Limited has received approval from Nepal’s Securities Board (SEBON) to conduct its Initial Public Offering (IPO) on Shrawan 17. They will issue 1,23,200 unit shares at a premium price. The shares will be offered at Rs 225 per share to locals and employees, and at Rs 237.58 per share to the […]
Read More“Citizen Life Insurance IPO for Nepalese Employed Abroad Closes Today; Oversubscribed by 1.62 Times.”
“Closing Today: Citizen Life Insurance IPO for Nepalese Citizens Abroad. The life insurance company’s IPO offering 11,25,000 unit shares to Nepalese citizens working abroad concludes on the 14th Shrawan. The total issued capital of the company stands at Rs. 3.75 Arba, with 30% of it, equivalent to 1,12,50,000 unit shares, being made available to […]
Read More“Last Day for Locals IPO: Bhagawati Hydropower”
Bhagawati Hydropower Development Company Limited is wrapping up its IPO for project-affected locals today, the 14th Shrawan. The company issued a total capital of Rs. 57.20 Crores, with 10% (572,065 unit shares) allocated to locals in the Kaski District. Additionally, 15% of the capital (858,097 unit shares) will be offered to the general public […]
Read More“Upper Lohore Hydropower Company Announces IPO for General Public: 19,53,279 Unit Shares from Shrawan 18”
Upper Lohore Hydropower Company Limited has announced its plan to issue an Initial Public Offering (IPO) to the general public. The IPO will consist of 19,53,279 unit shares with a face value of Rs 100 each, starting from 18th Shrawan, 2080. The company aims to raise Rs 19.53 crore through this offering. The closing […]
Read More“Final Call: Manakamana Engineering Hydropower IPO Closes Today”
Manakamana Engineering Hydropower Limited is wrapping up its Initial Public Offering (IPO) for project-affected locals on the 9th of Shrawan. The IPO, which began on the 19th of Ashad, 2080, allocated 10% of the company’s issued capital, amounting to Rs. 8 Crores, to project-affected locals in Dolakha District. Additionally, there will be a public […]
Read More“Setikhola Hydropower Appoints Kumari Capital as Issue Manager for 60 Lakh Unit Share Float; 20 MW Pokhara Project Set to Operate in 2024”
Setikhola Hydropower has selected Kumari Capital as the issue manager to issue 60 lakh unit ordinary shares to the public investors. The memorandum of understanding (MoU) was signed between the CEO of Kumari Capital, Mr. Puspa Sharma, and the chairman of Setikhola Hydropower, Mr. Anup Acharya, during a program, according to the media statement.
Read More“Balephi Hydropower to Issue 100% Right Shares After Amending Initial Proposal, Pending Regulatory Approval”
Balephi Hydropower Limited (BHL) has recently made changes to its right share ratio, increasing it from 50% to 100%. In a board of directors meeting held on Shrawan 02, 2080, it was decided that the company will issue 100% right shares based on the paid-up capital of Rs. 1.82 Arba. As a result of this […]
Read More“Sun Nepal Life Insurance Company Limited Initiates IPO Issue for Nepalese Citizens Working Abroad”
Sun Nepal Life Insurance Company Limited has commenced the issuance of 9,60,000 unit IPO shares exclusively for Nepalese citizens working abroad, starting from today, 1st Shrawan. The IPO issue will remain open until the 15th Shrawan, 2080. The total issued capital of the life insurance company amounts to Rs. 3.2 Arba, of which 30% or […]
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